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$449,900
6 Days On Site

5811 NW 23RD TERRACE A, B, C, D
GAINESVILLE, FL 32653

For Sale|Quadruplex|Active
8
Beds
4
Total Baths
1,800
SqFt
$250
/SqFt
1978
Built
Subdivision:
PINERIDGE II
County:
Alachua
Call Now: 352-888-1111
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352-888-1111
5811 NW 23RD TERRACE A, B, C, D5811 NW 23RD TERRACE A, B, C, D5811 NW 23RD TERRACE A, B, C, D5811 NW 23RD TERRACE A, B, C, D
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Discover this exceptional four-unit income property in Northwest Gainesville! Each of the four self-contained units is thoughtfully designed with 2 bedrooms and 1 bath, and in-unit laundry. Located in a high-demand rental area, 15 minutes from UF, Shands, and the VA, this property offers both convenience and value. With consistent occupancy rates and market rents continuing to rise, the building delivers steady income with upside potential through rental increases or minor upgrades. AC has been replaced in 2017, two units in 2019, and one in 2021. Three of the units are rented ($990, $990, and $900). The interiors for all 4 units have been updated and appliances were purchased in 2023 and 2025. Whether you’re expanding your portfolio or looking for a turnkey property with proven returns, this quadruplex represents a solid investment opportunity with reliable performance and minimal management hassle.

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Listing Snapshot
Price 
$449,900
Days On Site 
6 Days
Bedrooms 
8
Inside Area (SqFt) 
1,800 sqft
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.11 Acres
Year Built 
1978
MLS® Number 
GC535112
Status 
Active
Property Tax 
$2,973.45
HOA/Condo/Coop Fees 
$102.67 monthly
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
6 days agoListing first seen on site
General Features
Acres 
0.11
Foundation 
Slab
Levels 
One
Pets 
Cats OKDogs OKYes
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
SqFt Total 
3600
Utilities 
Electricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
PD
Interior Features
Cooling 
Central Air
Furnished 
Unfurnished
Heating 
Electric
Laundry Features 
Inside
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Exterior Features
Construction Details 
Brick
Roof 
Shingle
Community Features
Association Dues 
308
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Quarterly
MLS Area 
32653 - Gainesville
Roads 
Asphalt
Township 
09
Listing courtesy of BHGRE THOMAS GROUP 9046998107



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-11-10 05:24 PM EST

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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